Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China Updated On Wed, Aug 2nd, 2023 by Saurenergy The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […] Read more
Thermal Energy Accounted For 76% Of India’s Electricity Generation Updated On Wed, Aug 2nd, 2023 by Saurenergy The latest renewable energy generation report from the Central Electricity Authority (CEA) for June claimed that renewable energy generation improved in the month. The data claimed that by the end of June 30, India had a total installed capacity of 176,242 MW (including large hydro). In contrast, the total energy generation from renewable sources during the month […] Read more
SaurEnergy Explains- From Coal to Clean: Past, Present, & Future of India’s Renewable Energy Updated On Wed, Aug 2nd, 2023 by Saurenergy India has come a long way from its fossil fuel-based economy to becoming the nation with the fourth-largest installed capacity of renewable energy in the world. Coal and oil have so far served as the bedrock of India’s industrial growth and modernisation, giving a rising number of Indian people access to modern energy services. This […] Read more
SECI Issues Tender For 1500 MW of Firm and Dispatchable RE Power Updated On Tue, Aug 1st, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has now issued a tender seeking bids from renewable energy developers to add 1500 MW of new firm and dispatchable renewable power. This project has been planned for Inter-State Transmission System (ISTS)-connected renewable projects that could be situated anywhere in India. The central agency has sought this tender in a […] Read more
China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities Updated On Tue, Aug 1st, 2023 by Saurenergy China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation. This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […] Read more
BPCL & Ather Join Hands to Expand EV Network Updated On Mon, Jul 31st, 2023 by Saurenergy Bharat Petroleum Corporation Limited (BPCL) and two-wheeler electric manufacturer Ather Energy have joined forces to expand the EV network in India. The partnership paves the way for Ather Energy to get access to BPCL’s network of more than 21,000 fuel stations in India, making it possible for Ather to install fast-charging Grid. India’s largest EV […] Read more
Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
Servotech Sets up Subsidiary for EV Charging Components Manufacturing Updated On Fri, Jul 28th, 2023 by Saurenergy EV charger maker Servotech Power Systems has announced that it will be setting up a wholly-owned subsidiary, which will engage in the manufacture of EV charging components, manufacturing and trading of batteries. The subsidiary will be named Techbec Green Energy Private Limited. The new firm will be established in Sonipat on an area of 40,000 […] Read more
Low Carbon Secures £400 Mn Investment from MassMutual for Renewable Energy Updated On Thu, Jul 27th, 2023 by Saurenergy Renewable energy developer Low Carbon has secured £400m from its strategic partner Massachusetts Mutual Life Insurance Company to invest in renewable energy projects across the UK, Europe and North America. The £400m capital commitment from MassMutual will provide liquidity for Low Carbon’s pipeline of projects up until 2025. Announced in November 2021, the strategic partnership […] Read more
